New Changes in TDS Certificate – announced by IT Dept.

Written on August 25, 2010 – 2:54 pm | by admin |

In the recent announcement as published in the NSDL-TIN web portal, from the FY 2010-11, instead of printing the Provisional Receipt No. (as provided in the Acknowledgement received on of submission of the TDS return), the Receipt No. is to be printed.
Receipt number to be quoted in Form 16/16A will be generated by TIN. The Receipt number [...]

TDS / TCS Rates – FY:2010-11

Written on July 25, 2010 – 6:09 pm | by admin |

View the complete document of TDS / TCS rates for Financial Year 2010-11 from the following link:
TDS-TCS-rates-FY-2010-11

Companies can soon access TDS returns online

Written on July 15, 2010 – 4:54 pm | by admin |

Companies will soon be able to view the Tax Deduction at Source (TDS) returns filed by them online, and make any changes if required. They can correct any clerical errors such as quoting a wrong TAN or PAN number.
Mr Ravi Aggarwal, Directorate-General of Income-tax (Systems), said here on Saturday that from next [...]

TAN Correction Form – Download and Print

Written on June 22, 2010 – 10:50 am | by admin |

For making changes or corrections in the TAN data for the TAN alloted to you, download the TAN Correction Form. Use the Form for making corrections like change of address, name of firm, and other related changes to TAN.
Download the Form from the link below:
http://www.etaxindia.org/wp-content/uploads/2010/06/tan-correction-form.pdf

New Changes in TDS Rules – CBDT Release No. 402/92/2006-MC (27 of 2010), dated 2-6-2010

Written on June 5, 2010 – 1:27 pm | by admin |

The Central Board of Direct Taxes (CBDT) have amended the Rules relating to TDS provisions date and mode of payment of tax deducted at source (TDS), TDS certificate and filing of ‘statement of TDS’ (TDS return) vide Notification No. 41/2010; SO No. 1261(E) dated 31.05.2010. The amended rules will apply only in respect [...]